Low barriers to entry and exit mean that in the ________ run for monopolistically competitive firms,it is ________ to generate economic profit.
A) short; possible
B) short; impossible
C) long; possible
D) long; impossible
E) long; likely

Question

Quizplus · Accepted Answer

The Answer of Low barriers to entry and exit mean that in the ________ run for monopolistically competitive firms,it is ________ to generate economic profit.
A) short; possible
B) short; impossible
C) long; possible
D) long; impossible
E) long; likely

Low Barriers to Entry and Exit Mean That in the ________